Maryland Statutes

§ 6-110

Maryland·Article gcl Commercial Law·Title 6

When the title of a transferee to property is subject to a defect by reason of his noncompliance with the requirements of this title, then:

(1)A purchaser of any of such property from such transferee who pays no value or who takes with notice of such noncompliance takes subject to such defect, but
(2)A purchaser for value in good faith and without such notice takes free of such defect.

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